Citigroup upgrades Ollie's Bargain Outlet to "buy," targeting $133 as tariffs boost discount retail.

Citigroup upgraded Ollie's Bargain Outlet (OLLI) to a "buy" rating, raising its target price to $133. The company's stock has gained momentum as analysts predict it will benefit from tariffs on Chinese goods, driving price-sensitive consumers to discount stores. Ollie's strong financial performance and strategic positioning in the discount retail market have also attracted increased institutional investment.

4 months ago
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